Bitcoin Price Analysis: Weaker After 25288 – 22 February 2023

https://cryptodaily.co.uk/2023/02/bitcoin-price-analysis-weaker-after-25288-22-february-2023

BTC/USD Seesaws in Tight Range:  Sally Ho’s Technical Analysis – 22 February 2023

Bitcoin (BTC/USD) continued to trade sideways early in the Asian session as the pair traded as high as the 25288.88 area before ceding some short-term gains and moving back below the 25000 figure.  Buying pressure recently emerged around the 23790.51 and 24363.19 levels, representing the 38.2% and 23.6% retracements of the recent appreciating range from 21366.45 to 25256.83.  Traders recently lifted BTC/USD as high as the 25288.88 area, its strongest print since August 2022 and one that represented a test of the 25455 level, an upside price objective related to historical buying pressure around the 16326.16 and 20333.33 areas.  Upside price objectives related to buying pressure around the 16326.16 area include the 25455, 25774, 27609, and 28004 levels. 

Upside price objectives related to buying pressure around the 15460 area include the 26612, 26931, 29244, and 29639 levels.   Following the recent move higher to multi-month highs, technical support levels and areas of potential buying pressure are around the 22944, 22717, 23171, 22236, 22201, 21523, 21514, 21416, 21366, and 20791 areas.  Stops are cited below the 21047, 20874, 20724, and 20370 levels.  Below current price activity, technically significant areas include the 15900, 15512, 15313, 14500, 14364, 13369, 10727, 10432, 9682, 8837, and 7538 levels.  Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 50-bar MA (4-hourly) at 23479.59 and the 50-bar MA (Hourly) at 24627.91.

 

Technical Support is expected around 18390.99/ 16714.46/ 14500.15 with Stops expected below.

Technical Resistance is expected around 25455.06/ 25774.41/ 26612.64 with Stops expected above.  

On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.                                   

 

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Bitcoin Price Analysis: Eyeing 25000 Again – 21 February 2023

https://cryptodaily.co.uk/2023/02/bitcoin-price-analysis-eyeing-25000-again-21-february-2023

BTC/USD Positive Sentiment Returns:  Sally Ho’s Technical Analysis – 21 February 2023

Bitcoin (BTC/USD) reclaimed some positive upward momentum early in the Asian session as the pair traded as high as the 24983.79 level, representing a test of the 78.6% retracement of the recent depreciating range from 25200 to 23841.08.  Buying pressure emerged around the 23841.08 area during a pullback, representing a test of the 38.2% retracement of the appreciating range from 21366.45 to 25256.83, and upside activity later intensified right around the 23.6% retracement of the same appreciating range.  Traders recently lifted BTC/USD as high as the 25256.83 area, its strongest print since August 2022 and one that represented a test of the 25455 level, an upside price objective related to historical buying pressure around the 16326.16 and 20333.33 areas.  Upside price objectives related to buying pressure around the 16326.16 area include the 25455, 25774, 27609, and 28004 levels. 

Upside price objectives related to buying pressure around the 15460 area include the 26612, 26931, 29244, and 29639 levels.   Following the recent move higher to multi-month highs, technical support levels and areas of potential buying pressure are around the 22944, 22717, 23171, 22236, 22201, 21523, 21514, 21416, 21366, and 20791 areas.  Stops are cited below the 21047, 20874, 20724, and 20370 levels.  Below current price activity, technically significant areas include the 15900, 15512, 15313, 14500, 14364, 13369, 10727, 10432, 9682, 8837, and 7538 levels.  Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 50-bar MA (4-hourly) at 23304.97 and the 50-bar MA (Hourly) at 24598.13.

 

Technical Support is expected around 18390.99/ 16714.46/ 14500.15 with Stops expected below.

Technical Resistance is expected around 25455.06/ 25774.41/ 26612.64 with Stops expected above.  

On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.                                   

 

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Bitcoin Price Analysis: Bulls Eyeing 25025 – 20 February 2023

https://cryptodaily.co.uk/2023/02/bitcoin-price-analysis-bulls-eyeing-25025-20-february-2023

BTC/USD Seeking More Gains:  Sally Ho’s Technical Analysis – 20 February 2023

Bitcoin (BTC/USD) remained primed for additional upside advances early in the Asian session as the pair remained within striking distance of another test of the psychologically-important 25000 figure.  Recent buying activity around the 24056.59 area supported BTC/USD’s recent upward trajectory, and another recent relative low around the 23344.12 area represented a test of the 50% retracement of the appreciating range from 21366.45 to 25256.83.  Traders recently lifted BTC/USD as high as the 25256.83 area, its strongest print since August 2022 and one that represented a test of the 25455 level, an upside price objective related to historical buying pressure around the 16326.16 and 20333.33 areas.  Stops were recently elected above a series of upside price objectives during the massive rally, including the 23980.62 and 24224.60 levels.  Upside price objectives related to buying pressure around the 16326.16 area include the 25455, 25774, 27609, and 28004 levels. 

Upside price objectives related to buying pressure around the 15460 area include the 26612, 26931, 29244, and 29639 levels.   Following the recent move higher to multi-month highs, technical support levels and areas of potential buying pressure are around the 22944, 22717, 23171, 22236, 22201, 21523, 21514, 21416, 21366, and 20791 areas.  Stops are cited below the 21047, 20874, 20724, and 20370 levels.  Below current price activity, technically significant areas include the 15900, 15512, 15313, 14500, 14364, 13369, 10727, 10432, 9682, 8837, and 7538 levels.  Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 100-bar MA (4-hourly) at 22985.43 and the 50-bar MA (Hourly) at 24325.17.

 

Technical Support is expected around 18390.99/ 16714.46/ 14500.15 with Stops expected below.

Technical Resistance is expected around 25455.06/ 25774.41/ 26612.64 with Stops expected above.  

On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.

On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.                                   

 

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Bitcoin Price Analysis: Holding 24388 – 19 February 2023

https://cryptodaily.co.uk/2023/02/bitcoin-price-analysis-holding-24388-19-february-2023

BTC/USD Holding 24388:  Sally Ho’s Technical Analysis – 19 February 2023

Bitcoin (BTC/USD) continued to experience reduced upward momentum early in the Asian session as the pair orbited the 24500 area following recent buying pressure around the 24056.59 area.  The 24338.70 area represents the 23.6% retracement of the appreciating range from 21366.45 to 25256.83, and BTC/USD recently tested the 23344.12 area during a pullback, representing a test of the 50% retracement of this appreciating range.  Traders recently lifted BTC/USD as high as the 25256.83 area, its strongest print since August 2022 and one that represented a test of the 25455 level, an upside price objective related to historical buying pressure around the 16326.16 and 20333.33 areas.  Stops were recently elected above a series of upside price objectives during the massive rally, including the 23980.62 and 24224.60 levels.  Upside price objectives related to buying pressure around the 16326.16 area include the 25455, 25774, 27609, and 28004 levels. 

Upside price objectives related to buying pressure around the 15460 area include the 26612, 26931, 29244, and 29639 levels.   Following the recent move higher to multi-month highs, technical support levels and areas of potential buying pressure are around the 22944, 22717, 23171, 22236, 22201, 21523, 21514, 21416, 21366, and 20791 areas.  Stops are cited below the 21047, 20874, 20724, and 20370 levels.  Below current price activity, technically significant areas include the 15900, 15512, 15313, 14500, 14364, 13369, 10727, 10432, 9682, 8837, and 7538 levels.  Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 100-bar MA (4-hourly) at 22985.37 and the 50-bar MA (Hourly) at 24314.97.

 

Technical Support is expected around 18390.99/ 16714.46/ 14500.15 with Stops expected below.

Technical Resistance is expected around 25455.06/ 25774.41/ 26612.64 with Stops expected above.  

On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.

On 60-minute chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.                                   

 

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Bitcoin Price Analysis: Stampede to 24903 – 17 February 2023

https://cryptodaily.co.uk/2023/02/bitcoin-price-analysis-stampede-to-24903-17-february-2023

BTC/USD Bulls Assume Command:  Sally Ho’s Technical Analysis – 17 February 2023

Bitcoin (BTC/USD) maintained strong upward momentum early in the Asian session as the pair explored bids above the 24000 figure following its acute ascent to a fresh multi-month high around the 24903 level.   Stops were elected above a series of upside price objectives during the massive rally, including the 23980.62 and 24224.60 levels.  Upside price objectives related to buying pressure around the 16326.16 area include the 25455, 25774, 27609, and 28004 levels.  Upside price objectives related to buying pressure around the 15460 area include the 26612, 26931, 29244, and 29639 levels.   

Following the recent move higher to multi-month highs, technical support levels and areas of potential buying pressure are around the 23833, 23552, 23171, 23134, 22878, 22717, 22674, 22101, 21439, and 21295 areas.  Stops are cited below the 21047, 20874, 20724, and 20370 levels.  Below current price activity, technically significant areas include the 15900, 15512, 15313, 14500, 14364, 13369, 10727, 10432, 9682, 8837, and 7538 levels.  Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 100-bar MA (4-hourly) at 22832.33 and the 50-bar MA (Hourly) at 23109.81.

 

Technical Support is expected around 18390.99/ 16714.46/ 14500.15 with Stops expected below.

Technical Resistance is expected around 25455.06/ 25774.41/ 26612.64 with Stops expected above.  

On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.                                   

 

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Bitcoin Price Analysis: Capped Below 22401 – 16 February 2023

https://cryptodaily.co.uk/2023/02/bitcoin-price-analysis-capped-below-22401-16-february-2023

BTC/USD Capped Below 22401:  Sally Ho’s Technical Analysis – 16 February 2023

Bitcoin (BTC/USD) continued to face selling pressure early in the Asian session as the pair was given after recently peaking around the 22331.76 area, below the 22401.70 area that represents a downside price objective associated with selling pressure that intensified around the 24262.18 and 23451.01 levels.   Buying pressure recently emerged around the 21366.45 level, just below another downside price objective around the 21419.37 area.  Following selling pressure that strengthened around the 22832.44 area, downside price objectives include the 20982.96, 20209.06, 19251.53, and 17703.74 areas.   Upside price objectives related to buying pressure around the 16326.16 area include the 25455, 25774, 27609, and 28004 levels. 

Upside price objectives related to buying pressure around the 15460 area include the 26612, 26931, 29244, and 29639 levels.   Following the recent move higher to multi-month highs, technical support levels and areas of potential buying pressure are around the 21230, 20294, 19861, 19357, and 18822 levels.  Stops are cited below the 18199, 18024, 17537, and 17343 levels.  Below current price activity, technically significant areas include the 15900, 15512, 15313, 14500, 14364, 13369, 10727, 10432, 9682, 8837, and 7538 levels.  Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bearishly indicating below the 200-bar MA (hourly) and above the 100-bar MA (hourly).

Price activity is nearest the 50-bar MA (4-hourly) at 22267.11 and the 200-bar MA (Hourly) at 22283.43.

 

Technical Support is expected around 18390.99/ 16714.46/ 14500.15 with Stops expected below.

Technical Resistance is expected around 25455.06/ 25774.41/ 26612.64 with Stops expected above.  

On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.                                   

 

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Bitcoin Price Analysis: Bears Test 21545 – 15 February 2023

https://cryptodaily.co.uk/2023/02/bitcoin-price-analysis-bears-test-21545-15-february-2023

BTC/USD in Volatile Action:  Sally Ho’s Technical Analysis – 15 February 2023

Bitcoin (BTC/USD) awaited fresh technical sentiment early in the Asian session as the pair continued to react to a sharp depreciation to the 21545.67 area, a move that represented a test of the 61.8% depreciation of the appreciating range from 21366.45 to 21903.72.   Traders recently lifted BTC/USD as high as the 22091.88 level, above another downside price objective around the 21962.63 area, before selling pressure resumed.   Following selling pressure that strengthened around the 22832.44 area, downside price objectives include the 20982.96, 20209.06, 19251.53, and 17703.74 areas.   Upside price objectives related to buying pressure around the 16326.16 area include the 25455, 25774, 27609, and 28004 levels. 

Upside price objectives related to buying pressure around the 15460 area include the 26612, 26931, 29244, and 29639 levels.   Following the recent move higher to multi-month highs, technical support levels and areas of potential buying pressure are around the 21230, 20294, 19861, 19357, and 18822 levels.  Stops are cited below the 18199, 18024, 17537, and 17343 levels.  Below current price activity, technically significant areas include the 15900, 15512, 15313, 14500, 14364, 13369, 10727, 10432, 9682, 8837, and 7538 levels.  Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bearishly indicating below the 200-bar MA (hourly) and above the 100-bar MA (hourly).

Price activity is nearest the 200-bar MA (4-hourly) at 21883.11 and the 100-bar MA (Hourly) at 21759.17.

 

Technical Support is expected around 18390.99/ 16714.46/ 14500.15 with Stops expected below.

Technical Resistance is expected around 25455.06/ 25774.41/ 26612.64 with Stops expected above.  

On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.                                   

 

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.